Problem 1-25 Break-Even and Taxes ILo3] Wettway Sailboat Corporation is considering whether to launch its new Margo-class sailboat. The selling price will be $48,000 per boat. The variable costs will be about half that, or $27,000 per boat, and fixed costs will be $535,000 per year. The total investment needed to undertake the project is $3,800,000. This amount will be depreciated straight-line to zero over the 6-year life of the equipment. The salvage value is zero, and there are no working capital consequences. Wettway has a requirec return of 18 percent on new projects Use the above expression to find the cash, accounting, and financial break-evern poins for Wettway Sailboat. Assume a tax rate of 23 percent. Do not rouncl Intermeclate cakulatios ancl rouncl your anaurers to 2cecImal places,e 3216.) Cash break-even Accounting break-even Financial break-even